Daily Practice · GCSE Business
August 2005 5-a-day
Every sheet in August 2005
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st August 2005State one marketing mix change a business might make during the decline stage.
- 2nd August 2005What is brand loyalty?
- 3rd August 2005State one advantage and one disadvantage of using a single supplier.
- 4th August 2005Explain what kaizen means and why employee involvement is essential to it.
- 5th August 2005State one way a business might respond to falling consumer spending during a recession.
- 6th August 2005Explain why a business should carry out market research before launching a new product.
- 7th August 2005State one section usually included in a business plan.
- 8th August 2005What is meant by a 'cash-flow problem'?
- 9th August 2005A business forecasts an opening balance of -500 pounds for June, inflows of 4,000 pounds and outflows of 3,200 pounds. Calculate the closing balance.
- 10th August 2005Using your answer above, if fixed costs are 3,600 pounds, calculate the break-even output.
- 11th August 2005Identify one legal reason a business must provide training.
- 12th August 2005State one way a business could apply Herzberg's theory to motivate staff beyond paying them more.
- 13th August 2005Explain one risk to a business of being exposed for unethical behaviour.
- 14th August 2005Define search engine optimisation (SEO).
- 15th August 2005State one risk to a business's reputation created by social media and online reviews.
- 16th August 2005Give one advantage of digital promotion over traditional above the line advertising.
- 17th August 2005Give one reason a job production business might charge a higher price.
- 18th August 2005How can good customer service justify a higher price?
- 19th August 2005State one reason a change in consumer tastes might force a food business to change its menu.
- 20th August 2005State the difference between a good and a service.
- 21st August 2005State one non-financial aim a business might have.
- 22nd August 2005State one internal cause of new business failure.
- 23rd August 2005State the formula for gross profit margin.
- 24th August 2005A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
- 25th August 2005Identify one risk of decentralisation.
- 26th August 2005A shop had an average of 60 staff and 6 left in a year. Calculate the labour turnover rate.
- 27th August 2005Explain what fit for purpose means under consumer law.
- 28th August 2005Define an export.
- 29th August 2005State the effect of a depreciating pound on UK exporters' price competitiveness abroad.
- 30th August 2005Why should the 4Ps be based on the results of market segmentation?
- 31st August 2005True or false: the correct balance of the design mix is the same for every product.